Seattle 98103

King County, WA · 15,265 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

27affordability /100

Buyer leverage is seller advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
44.2%
severe
Days on market
8
daily
Price cuts
15.8%
of active
Valuation
+119.2%
vs assessor
Look up an address
30
/100
Weak
stable · seller advantage · prices easing year-over-year.
Price trend
42
Affordability
25
Valuation
20
Economic health
27

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

58/ 100SellerBalancedBuyer
Balanced Market
Needs 32.1% correction for affordability
DOM: 30d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)20

Balanced market in 98103. List price is roughly fair — focus on condition and value. Payment burden: 44.3% of median income. A 21% price correction needed to reach 30% affordability threshold. Median days on market: 30. Renting is approximately 196% cheaper than buying (price-to-rent ratio: 35.5).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLESELLER ADVANTAGE

Market is holding steady with balanced conditions. Sellers are firmly in control. Prices down 1.2% YoY.

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Market snapshoteach number, once

Median price
$929,715
▾ 1.2% YoY
Days on market
8
daily · zip_data
Median rent
$2,185
ZORI
Investor score
27/100
cash-flow lens
Active listings
175
90-day

Valuation3 lenses, different anchors

vs assessor
+119.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$2,037,500
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+69.0%
County-wide market — the widest, slowest signal.
King+69.0%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft
Price-to-income7.3×

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How 98103 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity90%
Supply tightness75%
Affordability23%
Investment yield22%
Appreciation21%

Affordability, supply & momentum

35SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.2 mo
Days on Market8d
Inv vs History+53.9%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$4,696
Payment burden44.2%
Median income · ZIP$127,372
Mortgage rate6.49% · 30yr
Total monthly own$5,626
Monthly rent$2,185
Market dynamics
Price cut %15.8%
Momentumstable
LeverageSELLER ADVANTAGE
Months of supply10.2
Sales (90d)0
Investment analysis
Median rent$2,185
Price-to-rent35.5
Est. cap rate1.8%
Buy vs rentfavors renting

Livability

Walk score17
Transit score43
Bike score

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King County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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